Long
Cinema open and "PVR" is UP and merger with inox
As covid is going down and pvr is merging up with INOX it. The profit might start now.
Analysis:
Pvr has formed a triangle pattern on a weekly timeframe and has given a breakout.
The fibonacci based targets are, T1=2800 and T2= 4000.
Stop loss = when close is less than 1480.
The RR is 1:2 for T1.
Analysis:
Pvr has formed a triangle pattern on a weekly timeframe and has given a breakout.
The fibonacci based targets are, T1=2800 and T2= 4000.
Stop loss = when close is less than 1480.
The RR is 1:2 for T1.
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